NYSE$IDT
IDT Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
IDT's financial results were highlighted by improvements in gross profit, income from operations and Adjusted EBITDA, driven by the expansion of growth businesses.
IDT Corporation reported positive results for Q2 2022, with significant growth in NRS revenue and net2phone-UCaaS subscription revenue. The company is focused on the spin-off of net2phone and continues to expand its services and customer base.
- NRS customer base expanded with nearly 1400 net POS activations and 1200 NRS Pay accounts.
- NRS revenue increased by 104% year-over-year to $10.6 million.
- net2phone-UCaaS subscription revenue increased 32% year-over-year to $12.5 million.
- Money Transfer transactions increased 21% year-over-year.
Headline financials
Revenue & EPS history
IDT · Revenue · Quarterly
$337M
Revenue by segment
IDT · $35.6M total across 3 segments · Q2 2022
- BOSS Money$12.5M-31.9%35.1%
- net2phone$12.5M+14.9%35.1%
- National Retail Solutions$10.6M-42.3%29.8%
Forward guidance
IDT is focused on completing the spin-off of net2phone to stockholders by the end of the current fiscal year on July 31st.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+2.1%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+1.7%
Avg return
30 days after
61%
40 / 66 earnings
Positive
+45.4%
Q4 2020
Best reaction
-20.9%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +2.7% | +3.7% | — | |
| Q2 2026 | -3.9% | -7.4% | -3.8% | |
| Q1 2026 | -3.0% | +0.1% | +0.6% | |
| Q4 2025 | -18.4% | -22.7% | -20.9% | |
| Q3 2025 | -0.2% | +1.6% | -3.8% | |
| Q2 2025 | +10.2% | +6.1% | +5.9% | |
| Q1 2025 | +5.4% | +5.3% | -5.6% | |
| Q4 2024 | +22.3% | +26.0% | +31.1% | |
| Q3 2024 | -5.9% | -8.0% | -10.2% | |
| Q2 2024 | -1.6% | +1.8% | -0.2% | |
| Q1 2024 | +1.5% | +5.2% | +14.3% | |
| Q4 2023 | +4.5% | +8.2% | +2.9% | |
| Q3 2023 | -5.1% | -13.2% | -19.3% | |
| Q2 2023 | +4.7% | +9.1% | +7.2% | |
| Q1 2023 | +11.6% | +9.3% | +2.5% | |
| Q4 2022 | +10.9% | +5.7% | +6.7% | |
| Q3 2022 | -1.7% | -11.9% | -13.9% | |
| Q2 2022 | -2.0% | -4.5% | -1.9% | |
| Q1 2022 | -4.0% | -9.0% | -13.3% | |
| Q4 2021 | +10.6% | +14.9% | +25.7% | |
| Q3 2021 | +15.0% | +35.3% | +53.9% | |
| Q2 2021 | +4.1% | +13.5% | +25.7% | |
| Q1 2021 | +12.2% | +8.4% | -0.8% | |
| Q4 2020 | +45.4% | +69.6% | +44.8% | |
| Q3 2020 | +2.5% | -5.5% | -5.5% | |
| Q2 2020 | -12.1% | -19.2% | -36.1% | |
| Q1 2020 | -6.1% | -7.5% | -1.7% | |
| Q4 2019 | -0.9% | -5.1% | -25.4% | |
| Q3 2019 | +8.3% | +14.0% | +71.3% | |
| Q2 2019 | +5.8% | +11.0% | +17.5% | |
| Q1 2019 | -6.4% | -6.7% | -18.3% | |
| Q4 2018 | +40.9% | +49.8% | +44.3% | |
| Q3 2018 | +22.9% | +15.2% | +10.3% | |
| Q2 2018 | +0.1% | -2.3% | -42.2% | |
| Q1 2018 | -19.4% | -26.6% | -30.1% | |
| Q4 2017 | -5.6% | -4.6% | -7.8% | |
| Q3 2017 | -20.3% | -15.8% | -17.5% | |
| Q2 2017 | -20.5% | -32.2% | -32.6% | |
| Q1 2017 | -9.8% | -14.3% | -15.2% | |
| Q4 2016 | +7.3% | +7.6% | +10.7% | |
| Q3 2016 | +7.1% | +10.1% | +19.7% | |
| Q2 2016 | +3.8% | — | — | |
| Q1 2016 | +12.0% | — | — | |
| Q4 2015 | -9.6% | — | — | |
| Q3 2015 | +5.5% | — | — | |
| Q2 2015 | -20.9% | — | — | |
| Q1 2015 | -0.1% | — | — | |
| Q4 2014 | -10.6% | — | — | |
| Q3 2014 | +4.1% | — | — | |
| Q2 2014 | -6.1% | — | — | |
| Q1 2014 | -10.5% | — | — | |
| Q4 2010 | +5.4% | — | — | |
| Q4 2013 | +6.7% | — | — | |
| Q3 2013 | +9.9% | — | — | |
| Q2 2012 | +4.9% | — | — | |
| Q2 2013 | +0.6% | — | — | |
| Q1 2013 | +0.6% | — | — | |
| Q2 2011 | +1.5% | — | — | |
| Q4 2012 | -2.8% | — | — | |
| Q3 2011 | +5.9% | — | — | |
| Q3 2012 | +3.7% | — | — | |
| Q4 2011 | +0.8% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q1 2011 | +0.8% | — | — | |
| Q3 2010 | +8.3% | — | — | |
| Q2 2010 | +15.9% | — | — |
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